Interpret the generated results at 5% level of significance. Null Hypothesis: D(INF) has a unit rootExogenous: ConstantLag Length: 1 (Automatic - based on SIC, maxlag=7)Augmented Dickey-Fuller test statisticTest critical values:1% level5% level10% level*MacKinnon (1996) one-sided p-values.Augmented Dickey-Fuller Test EquationDependent Variable: D(INF,2)Method: Least SquaresDate: 10/30/22 Time: 12:11Sample (adjusted): 1994 2021Included observations: 28 after adjustmentsVariableD(INF(-1))D(INF(-1),2)сR-squaredAdjusted R-squaredS.E. of regressionSum squared residLog likelihoodF-statisticProb(F-statistic)CoefficientStd. Errort-Statistic-4.976264-3.689194-2.971853-2.625121-0.983150 0.197568-4.9762640.5010200.1726592.901787-0.2318910.252014 -0.920154t-Statistic Prob.0.497676Mean dependent var0.457490S.D. dependent var1.311591 Akaike info criterionProb.*43.00680 Schwarz criterion-45.73843 Hannan-Quinn criter.12.38433Durbin-Watson stat0.0001830.00040.00000.00760.3663-0.0054291.7807163.4813163.6240533.5249521.858364

From the first table, we see that the p-value of Augmented Dickey Fuller test is 0.0004 which is…

Answered: Null Hypothesis: D(INF) has a unit root…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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